Comments by "" (@foxmoongaze) on "The IMF is worried about a low growth future when that’s exactly what we need" video.

I believe, thinking like this for the last 25 years is what's got us into this mess as it never actually works in the real world. By the way, we don't have money, only credit in the form of currency where every GBP created is someones liability on a balance sheet. Interest paid on loans is also created currency and someones liability. There is no way to ultimately balance and settle the liabilities with the creditors. This is also the reason why bitcoin will never work.
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@oneoflokis That's funny ...... thanks for cheering me up
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@oneoflokis Currency, not money. All currency is credit. Credit is not money. So some people have a lot of credit and some a lot of liability. A country can't endlessly increase it's liabilities without destroying confidence in it's currency.
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